text:
HSBC cut its price target on Burberry on Tuesday but lifted it for Watches of Switzerland as it took a look at the European luxury goods sector.
The bank slashed its price target on ‘hold’ rated Burberry to 1,750p from 2,200p. It noted that the repositioning of the brand is underway with the products from the new designer having started to reach the shelves in September 2023.
However, HSBC said the pricing of the new collection – 20% higher – combined with the general slowdown of the luxury market increasing polarisation (consumers favouring the more established luxury brands) lead it to question the efficiency of the turnaround.
“Even if management maintained its long-term target, the profit warning for FY23/24 announced in November is not reassuring,” the bank said.
It added that while the valuation may seem attractive, visibility is too low.
HSBC lifted its price target on ‘buy’ rated Watches of Switzerland to 759p from 630p.
“The recent long-range plan came above market expectations and makes the case that the business model is more relevant than what many investors think,” it said. “With an increased focus on jewellery, pre-owned and non-Rolex M&A, WOS is setting up hedging mechanisms to diversify away from Rolex, in our view.”
While it still believes that the long-term consequences of the Rolex/Bucherer deal are transformational for the luxury watch industry, HSBC said the short term should be supported by a strong pipeline of more than 20 projects over the next three years.
“Between these two extremes, we think the current share price offers a compelling valuation for a company likely delivering mid-teens earnings growth and mid-20s return on capital employed.”
Rolex announced in August that it was buying Bucherer, sending shares in Watches of Switzerland tumbling.


text:
5/9/2012, 9:36 a.m.
The importance of vitamin D is a subject of ongoing debate. Researchers from Massachusetts General Hospital found that it may be vitamin D — not C — that keeps colds, the flu and other respiratory illnesses at bay. They noted that people with asthma and emphysema, for example, might be particularly susceptible to respiratory infections from vitamin D deficiency — an indication to some medical experts that it might also play a key role in the immune system.
Vitamin D is somewhat of an enigma. For starters, it isn’t a vitamin at all. Vitamins are organic compounds that the body needs but cannot make on its own. Rather, the body receives its vitamins from the food and liquids that we eat and drink.
Unlike other vitamins, vitamin D is made by the body, is found in very few foods, and, oddly enough, is actually a hormone.
Appropriately named the “sunshine vitamin,” vitamin D’s major source is the sun — ultraviolet B (UVB) rays to be exact — the same rays responsible for suntans, sunburns and skin cancer.
The American Academy of Dermatology warns against unprotected exposure to ultraviolet rays. The Academy declared “There is no scientifically validated, safe threshold level of UV (including UVB) exposure from the sun that allows for maximal vitamin D synthesis without increasing skin cancer risk.”
Dr. Deborah Scott, a dermatologist at Brigham and Women’s Hospital, says the sun is an excellent source of vitamin D. But everyone — including African Americans — must guard against excessive exposure. “There’s a balance between sun exposure and vitamin D,” she said.
But where that balance lies is a bit tricky. The times of exposure — and resultant vitamin D levels — vary by person, season, city and time of day.
Processing those sunrays is a group effort among the skin, liver and kidney. But in order for the process to work, the UVB rays have to be long and strong enough to pull off the job. And they are — from the spring through early fall. But in the late fall and winter, they are too short and that explains increased deficiencies during cold months.
A major biological function of vitamin D is to help the body absorb calcium and phosphorus. Calcium is stored in bones, but is a major workhorse throughout the body. It makes the heart work and muscles contract. If vitamin D does not do its job, the body “robs Peter to pay Paul” by taking calcium from the bones and using it elsewhere. The impact on bones can be devastating.
That’s why low levels of vitamin D are associated with osteoporosis, rickets in children and osteomalacia, or soft bones in adults. Fractures and falls are common in those lacking vitamin D.
The issue of vitamin D is of particular interest to blacks. Melanin — the substance that gives skin its color — provides a barrier to UVB in the skin. That does not mean skin of darker hues cannot make vitamin D — it just takes more time. While it may take whites and people with light skin about 10 minutes to process sufficient levels of vitamin D, it may require blacks closer to an hour.

domain: news


text:
- This has been a turbulent year for fintechs.
- But a number of fintechs rode the waves of economic uncertainty to great success in 2020.
- Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.
Fintechs faced various challenges caused by the coronavirus pandemic this year, including volatile markets and low investor confidence. However, some fintechs still managed to accelerate their growth. As 2020 comes to a close, Insider Intelligence has selected the most notable fintechs that made a meaningful impact on the global ecosystem, based on key metrics including funding figures, customer numbers, and product suites.
- Despite operational challenges, Robinhood shone this year and secured over $1 billion in funding—and a potential IPO is in sight. At the beginning of the year, the online trading platform suffered multiple outages, which led to customer queries and even regulatory investigations. However, the outages were caused by sky-high traffic on the platform, and in the first four months of the year alone it added 3 million new users. This has generated extensive investor interest: Robinhood secured $1.26 billion this year across two funding rounds. Moreover, the firm will reportedly go public as early as Q1 2021—and the IPO launch is poised to be a success, considering the recent customer and investor interest.
- Lemonade and Root have proven resilient throughout the pandemic, which was further highlighted by their successful IPOs. Both insurtechs went public in the past few months, with Lemonade raising $319 million and Root securing $724.4 million—marking successful debuts to the stock market. This success owes partly to growing revenues and decreasing loss ratios: Lemonade saw its total revenues grow nearly 240% year over year (YoY) in Q1 2020, while its loss ratio improved from 87% to 72%. Meanwhile, Root reduced its net loss this year and decreased its loss ratio from 96.4% in June 2019 to 81.3% in June 2020.
- Regtech Onfido saw massive demand that will persist beyond 2021. Due to enforced lockdowns worldwide, businesses have become reliant on digital channels for distribution, increasing the need for digital identity verification. As such, digital identification fintech Onfido had a breakout quarter for sales earlier this year, growing 40% YoY in Q2, 22% of which was driven by new customer demand. And the need for digital solutions that can detect fraud is expected to last beyond the crisis, meaning interest and demand for solutions like Onfido's will likely continue to grow in the coming years.
Want to read more stories like this one? Here's how you can gain access:
- Join other Insider Intelligence clients who receive this Briefing, along with other Fintech forecasts, briefings, charts, and research reports to their inboxes each day. >> Become a Client
- Explore related topics more in depth. >> Browse Our Coverage


text:
Apple and Samsung this week reported earnings for the June quarter that didn't convey much optimism in the high-end phone market. In Apple's case,, and its overall net income tumbled 13%. Analysts believe the , the company's cheapest new model at $749, has become more popular than Apple's $999 and $1,099 . At the same time, people are holding off on purchases as they wait for the to arrive in September.
Samsung's overall handset sales, meanwhile, rose about 7% to 24.3 trillion won (about $20 billion) -- and the company increased its lead in the global smartphone market share by two percentage points to 22%, according to Strategy Analytics. But the gain was largely because of Samsung's cheaper. Its mobile operating profit was 42% less than a year ago, and revenue from Samsung's flagship Galaxy S lineup, , dropped because of "weak sales momentum for the Galaxy S10 and stagnant demand for premium products," Samsung said.
If you've exercised any semblance of fiscal responsibility, these results shouldn't shock you., and people are upgrading less often. If someone's buying a $1,000 phone with all the bells and whistles they can imagine, they tend to hold onto it longer than before. In the US, consumers now upgrade to a new model about every three years instead of every two. At the same time, software updates make old phones feel new, hardware designs aren't changing much from year to year, and less expensive devices are getting features previously found only in pricey flagship phones.
For many people, that's good enough.
"Innovation is more on the software side than the hardware side," Creative Strategies analyst Carolina Milanesi said. "The life span of the device lengthens because you're getting so much more from it."
Cheaper phones for the win
Phones may be getting more expensive, but that doesn't mean we're buying. For Apple and Samsung, their less expensive flagship devices are now attractive for many people.
CNET's Scott Stein dubbed the iPhone XR " " and said it delivers "most of the advantages of the iPhone XS for hundreds less." And CNET's Jessica Dolcourt called the Galaxy S10E " who love small phones."
The two devices, both the cheapest versions of their flagship lineups, are proving to be popular with buyers. Canalys said the iPhone XR was the "silver lining" in Apple's otherwise weak June quarter iPhone sales. The research firm estimated that the device accounted for about 38% of Apple's shipments in May. And Apple CEO Tim Cook said the company benefited from in-store trade-in and financing programs.
But it's not just the discounted versions of flagships that are more popular than their pricey siblings. In the case of Samsung, it's the company's Galaxy A lineup that's attracting buyers. As Samsung noted, its overall smartphone shipments increased from the first to second quarter because of "strong sales of the new Galaxy A Series, including the Galaxy A50 and A70."
Many of those devices have features similar to those found in Samsung's pricier phones, and some even have characteristics not found in the Galaxy S and Note lines.
For only $350, customers can buy the Verizon and other US networks. The device includes a 6.4-inch display and three cameras on the back. Both those features are also found in the Galaxy S10 Plus, which starts at $1,000.for
Thebecame the first, and so far only, Samsung phone to sport a rotating, pop-up camera when it launched in April. The phone's sole camera array automatically flips around when toggled into selfie mode and contains a 48-megapixel main camera, an 8-megapixel ultrawide and a time-of-flight sensor that can be used for facial recognition. The A80 also has an "intelligent battery" that learns your daily routine and app usage patterns to optimize your phone's power consumption. No Samsung flagship devices have the swivel camera, but the battery smarts appear in the Galaxy S10.
Commentary: What the Note 10 has to do to impress us.
Samsung also plans to finally release the tweaked first foldable phone from a major electronics company -- after that . It's also going to boost its " to take the lead in the new market."-- the
None of those devices will come cheap, but Samsung's counting on them to help revitalize phone sales. The reality, though, is the company's cheaper phones just may win the day.
"The new devices, from the A10 to the A80, accounted for more than 50% of Samsung's shipments in Q2," Canalys noted. They're "expected to drive volume growth for Samsung for the rest of the year."


text:
Apple buyers buy themselves
Tom Dougherty, CEO – Stealing Share
23 April 2009
Apple Inc continues to roar
It gets said a lot – and not just by me – but it’s worth saying again: Apple is the best brand in the world. So when analysts are shocked that Apple INC is not only profitable in today’s economic climate but actually thriving, I’m just as stunned they didn’t see it coming.
What else would you expect? No brand does a better job of creating preference among consumers than Apple does.
It does everything right. Apple Inc has created a brand about who the customer is when they use that brand, a rule so many brands fail to follow. In this case, Apple consumers believe they are ahead of everyone else and want everyone else around them to know it. (That’s why the recent Microsoft’s ads hit so close to the bone – “Maybe I’m not cool enough for Apple” – even though those spots have been mocked.)
Apple is also so consistent. Even the packaging feeds into that sense of simplicity and innovation and ease of use. That’s another brand rule companies fail to follow through on. Even one action not on brand is a negative, people.
Apple has transformed the music industry (iPod) and the cell phone industry (iPhone). And it’s done it by following the rules of branding to the nth degree: Being about the customer (the one who looks ahead and likes to show off about it), positioning it against the competition (stodgy PC) and living the brand in every aspect of its business, not just marketing. (The marketing, though, is brilliant. The “I’m a PC” and “I’m a Mac” ads are brand marketing nirvana. This is who I am when I’m a Mac user. This is who I am when I use a PC.)
That’s why when Steve Ballmer, Microsoft CEO, says Apple users are only buying a logo, it demonstrates that he doesn’t get it. What those users are buying is themselves – and the power of that approach is proved in the numbers.
Political Ideology Creates Broken Government Tom Dougherty, CEO - Stealing Share 18 May 2017 Political ideology. Stop the madness. Political ideology The whole world is in political strife. And I believe the root cause is political ideology. It’s not surprising. I...
LaVar Ball Tom Dougherty, CEO - Stealing Share 17 May 2017 LaVar Ball makes it hard to root for his son Here's some straight truth. I've seen Lonzo Ball play basketball only a few times. I know the UCLA freshman has legitimate hardwood talent, potentially a...
Madden NFL 18 and Tom Brady Tom Dougherty, CEO - Stealing Share 15 May 2017 Madden NFL 18 shows NFL all in on Tom Brady This just in, NFL fans. The NFL is all in on Tom Brady. Just a year after the New England quarterback served a four-game suspension over...


text:
Teen iPhone Ownership Hits an All-Time High in Long-Running Survey
The iPhone continues to be the most popular smartphone among U.S. teens, a title that it has held for many years, according to new data gathered by investment firm Piper Sandler for its most recent semiannual teen survey in the United States.
85 percent of teens surveyed own an iPhone, and 88 percent expect an iPhone to be their next phone, both of which are new all-time survey highs, but it's worth keeping in mind that most of these respondents are from higher-income families. Last year, 83 percent of teens surveyed owned an iPhone, and 86 percent planned to purchase.
8 percent of teens said they planned to purchase an Android, down from 10 percent in the year-ago survey.
Teen interest in the iPhone has been strong since the beginning of these surveys, but has grown steadily every year. In 2020, Apple is expected to release 5G iPhones and a new, more affordable iPhone SE option, which could cause teen iPhone adoption numbers to grow even further.
This year's survey also took a look at the AirPods. 52 percent of teens said that they own a set of AirPods, and of those that don't own AirPods, 18 percent plan to purchase them within a year.
Teen customers are important to Apple as brand loyalty will inspire them to continue purchasing products in the Apple ecosystem for years to come.
Piper Sandler's "Taking Stock With Teens" survey asked 5,200 teenagers with an average age of 16.2 and a median household income of $65,600 about their purchasing habits and brand preferences. Piper Jaffray merged with Sandler O'Neill earlier this year, hence the new name, but this survey as been ongoing since 2001.


text:
Clara Shih, CEO, Hearsay Social
The news that Facebook COO Sheryl Sandberg would step down from the Starbucks board was nearly eclipsed by the announcement that Clara Shih, then 29, was elected in her stead. Between this, the day-to-day operations of running her Sequoia-backed enterprise social media company, and publishing the best-selling book “The Facebook Era,” Shih is considered one of America’s most promising, young technology leaders.
VentureBeat: What was your greatest challenge in the first six months of starting Hearsay Social?
Clara Shih: Convincing everyone from investors to customers to people we were trying to hire that social business was real and going to be transformative.
VentureBeat: You’ve worked at tech giants like Google and Salesforce, but starting a company poses a new set of challenges. Who are your mentors?
Shih: The most influential mentors in my career have been Sheryl Sandberg, George Hu [chief operating officer of Salesforce.com], and Ariel Kelman [chief marketing officer of Amazon Web Services].
VentureBeat: Do you have a piece of advice to share to young entrepreneurs?
Shih: Always put your customers first.


text:
Developer: Visceral Games, DICE
Platforms: PC, Xbox 360, Xbox One, PS3, PS4
Genre: First Person Shooter
Release Date: October 21st, 2014
Battlefield Hardline is an upcoming first person shooter videogame that is currently in development by Visceral Games, the studio that first found fame with The Lord of The Rings: The Third Age when the they were still known as EA Redwood Shores, they then exploded back into the scene with the critically acclaimed sleeper hit horror franchise, Dead Space.
Battlefield Hardline is being developed in collaboration with EA Digital Illusions CE (commonly known as DICE), the creators of the massively popular Battlefield Series and current developers of Star Wars: Battlefront. It is currently slated to be published by Electronic Arts who will be bringing the game to multiple platforms across both the current and last generations of consoles.
Battlefield Hardline is expected to arrive on October 21st of 2014 and will be available on Microsoft Windows, Xbox 360, Xbox One, PlayStation 3 and PlayStation 4. Battlefield Hardline is going to be running on the powerful internally developed Frostbite 3 engine that was created by DICE.
Battlefield Hardline was first revealed officially to the public on May 27th of 2014 when Steve Papoutsis (Vice president and General Manager of Visceral Games) posted a blog post on the Electronic Arts website. In the blog post he says, “On behalf of everyone at EA and Visceral Games, I’m fired up to confirm our next project – Battlefield Hardline. The game launches this fall and it’s a brand new series in the Battlefield franchise, set against the backdrop of a genre we all love – the war on crime and the battle between cops and criminals.”
The game was set to be shown for the first time during E3 2014 in the form of a gameplay trailer, but this was leaked before the show alongside other information regarding details of the game. At the time of the leak, the game was being referred to as Omaha, misleading some fans to believe the game would be set in World Aar II. [The Omaha Beach Landings are one of the most well known examples of World War II history; when the allied forces assaulted Germany occupied France with an invasion force of 43,250 infantry men.]
The game’s creative director, Ian Milham has made it known that Visceral had been working on Battlefield Hardline for a long time, possibly as early as mid 2012, he said “Visceral started work on Battlefield Hardline about a year before Dead Space 3 shipped.”
The Battlefield series (as the name implies) is often set against the backdrop of sensitive and volatile political situations and intense war zones, the difference in Battlefield Hardline is that the combat is intentionally more urban, and rather than having armies and nations face off against each other, the players take control of either “cops” or “robbers”, thus fundamentally changing the game.
Players got their first taste of this cops and robbers gameplay on June 9th 2014 when the game went into public Beta, this Beta was expertly announced as part of the E3 announcement, this kept momentum for the game rolling, the Beta will be ending on June 26th 2014, extending it’s running time by a full week.
While the fundamental core of Battlefield Hardline remain unchanged, the titles new gameplay mechanics are what make the most recent iteration of the action packed first person shooter unique. Scrapping the now seemingly copy – pasted military themed backdrop that has taken up most of the first person shooter market and focusing on a war on crime, Battlefield Hardline takes the players into the ranks of a Special Response Unit of cops and the close knit group of criminals.
For the sake of example; players that are taking control of the police forces and will have access to military grade weaponry and vehicles, including fast moving helicopters for rapid deployment as well as tasers and cuffs for nonlethal takedowns. Borrowing from the debatably successfully Battlefield 4 video game, Battlefield Hardline will be making use of the “Levolution” gameplay mechanic, this allows players to dynamically interact with the environment and alter the game world in ways that can change the gameplay.
Beneath is a list of new gameplay modes:
Heist: It’s up to the players to extract packages from armoured transport vehicles by removing the doors with explosives, then transporting them to an extraction zone before being stopped by the police. Criminals are victorious if they succesfully make away with the goods, police are victorious if the criminals are neutralized.
Blood Money: It’s the job of both teams to retrieve money from open crates located in the middle of the map and deliver it to their armoured trucks. Both teams can steal from the other and the winner is the first team to deposit $5,000,000 in their transports.
Hotwire Mode: It’s up to the rapid response police force to pursue and arrest the fleeing criminals.
Rescue: The criminal team has taken hostages and it’s up to the police forces to safely rescue them.
Classes in Battlefield Hardline share the same name regardless of the faction that the player chooses. They are listed below:
The Operator – The operator performs the expected tasks of the team medic for both the police and criminal faction, they are outfitted with assault weaponry and medical supplies.
The Mechanic – The mechanic takes to the streets both destroying and repairing vehicles. They are armed with sub machine guns and shoulder launched missles. They also have repair torches.
The Enforcer – As the name implies, the Enforcer reinforces the existing elements of their faction. Boasting an array of Light Machine Guns for suppressing fire and Shotguns that bring formidable stopping power to the game. They also pack explosives and ammunition boxes that allies can use to resupply.
The Professional – The professional is a reconnaissance expert within their faction. Specialists in long range engagements, they bring their powerful sniper rifles to the fight. They also have potent surveillance equipment to keep team mates alerted to enemy movements. Their armoury also houses anti personnel equipment.
Note: This wiki will be updated once we have more information about the game.
Share Your Thoughts Below (Always follow our comments policy!)


text:
Four little words from Microsoft CFO Amy Hood describe the tragic state of Microsoft's mobile experiment: "negligible revenue from phones."
Phone sales for the current quarter were bad, falling $730 million from the same period a year ago, Microsoft executives said Thursday during the company's second-quarter earnings call. But they can't fall much further: Hood was referring to a forecast of the current quarter ending in June, when sales of all Microsoft-branded phones will apparently trickle off into oblivion.
Microsoft also said it suffered lower-than-expected sales of Surface Pro products, with an overall drop of 26 percent in Surface revenue. Third-party hardware partners appear to be doing better, however: Microsoft said that sales of its Windows 10 Pro operating systems grew by 10 percent, as more PC vendors were able to sell premium PCs that used Microsoft's more advanced operating system.


text:
Sony has just let us all know that the PlayStation 3 has hit a new milestone for units sold. The home console has been on sale in PAL territories – which include Australia, New Zealand and South Africa – since March 2007. The figure is based on an estimation by SCEE of how many units have been sold through to consumers.
The press release doesn’t hold many surprises, it talks about the updates to the form factor but ignores the things like removing PS2 disc-reading capabilities, the card reader and two USB slots. PlayStation Plus and Wonderbook are name-checked but Move isn’t. LittleBigPlanet and Gran Turismo are noted too, indicating their importance to Sony.
Sony’s President and CEO, Jim Ryan, said “We are really pleased with the success of the PS3 system over the last six years, and are committed to continuing our support of the platform with high quality products and titles that are of the caliber that PlayStation fans have come to expect.”
Just two years ago, PlayStation 3 sales in Europe were reported to be around 19.7 million so this new figure shows significant sales over that period. SCEE is keen to point out that it won’t be resting on its laurels too – their press release signs off with “SCEE will continue to further expand the PS3 platform and create a world of computer entertainment that is only possible on PlayStation.”
Source: Press Release


text:
Exposure of the weaknesses in the global supply chain is one of the unexpected side-effects of the COVID-19 pandemic, said Kerri Hannan, Deputy Assistant Secretary of State for Western Hemisphere Affairs.
“We're facing a real crisis that the COVID pandemic shined a light on when we do not diversify or have these resilient supply chains. We're at risk of economic downturn, of not having PPE, of not having the ability to respond to the next pandemic or crisis that happens in the region.”
Speaking at the Summit of the Americas in mid-June, Deputy Assistant Secretary Hannan said it’s crucial that we find ways to strengthen supply chain rebalancing, or local manufacturing, and other ways to diversify and build resilient supply chains.
“It's also a rare economic opportunity that we see, to work with partners in the region to develop a supply chain … looking at the ways that goods and markets are able to move across the region, whether it's through looking at ports, looking at travel routes, it's all a part of this larger effort in the region to diversify our supply chains.”
“These are all opportunities for economic growth,” said Deputy Assistant Secretary Hannan.
Indeed, the theme of this year’s Summit of the Americas is “Building a Sustainable, Resilient, and Equitable Future.” This “means that everyone-- women, marginalized populations, small and medium enterprises, the informal economy have access to markets, to economy, to funding.”
This means expanding access to the digital economy throughout Latin America, a top priority of the Summit.
It also means empowering women, because when women succeed, all of society benefits. So, for example, Vice President Kamala Harris introduced at the Summit “In Her Hands,” an initiative “which is aiming to bring women into the economy,” said Deputy Assistant Secretary Hannan.
“This commitment and recognition that raising up women, especially in Central America, is going to have an impact on the entire region.”
“This is the most inclusive Summit we've ever had. The halls are filled with women. Marginalized groups,” said Deputy Assistant Secretary Hannan. “And they're meeting leaders and government representatives that are there to have those conversations, to hear what they need to figure out, how to deliver on the desires of the civil society to see their lives improve.”
“We're going to see a transformative decade.”


text:
(Bloomberg) -- Keurig Dr Pepper Inc. is investing $863 million in Nutrabolt, the maker of C4 and Xtend energy drinks, as beverage companies look to capitalize on the fast-growing industry.
The investment will give Keurig Dr Pepper a 30% stake in Nutrabolt with an option to increase its holdings. Retail distribution of C4 Energy will transition to the beverage giant next year, and Keurig Dr Pepper expects the partnership to add to earnings in 2024. Nutrabolt sales are expected to exceed $650 million next year, the companies said.
Keurig Dr Pepper Chief Executive Officer Bob Gamgort called the partnership a win-win.
“KDP gains significant presence in the rapidly growing performance energy drink market and Nutrabolt gains access to a strategic investor with extensive sales and distribution capabilities to further accelerate its growth,” Gamgort said in a statement Thursday.
Companies have been scrambling for a bigger piece of a US energy-drink market that, according to Bloomberg Intelligence, totals almost $19 billion in annual sales. Earlier this year PepsiCo Inc. agreed to pay $550 million for a stake in Celsius Holdings Inc. as part of a long-term strategic distribution agreement.
Austin, Texas-based Nutrabolt was founded 20 years ago. Other investors in the company include comedian Kevin Hart.
©2022 Bloomberg L.P.


text:
Tesco, Sainsbury’s and Marks & Spencer have been named as key players in a new action plan to make fashion more environmentally friendly.
The Sustainable Clothing Roadmap was kicked off by Defra Minister Lord Hunt at the start of London Fashion Week.
It brings together over 300 organisations, including high street chains, designers and textile manufacturers to tackle the impact of throwaway fashion.
Tesco, Sainsbury’s and Marks and Spencer sign up
The high street giants are also increasing the take-back of unwanted clothes. Last year, Which? reported on bogus charity clothes collectors who pick up clothes simply to sell themselves.
Tesco bans cotton from child labour countries
Tesco has also banned cotton from countries known to use child labour, as well as carbon-labelling of Tesco laundry detergents
And both Marks & Spencer and Tesco are pledging to increase consumer awareness on washing clothes at 30 degrees.
The Which? tells you which perform the best at this lower temperature, while the Which? tests of washing machines will secure you a Best Buy.
Improve waste in clothing sector
Lord Hunt, Minister for Sustainability, said: ‘Retailers have a big role to play in ensuring fashion is sustainable.
‘We should all be able to walk into a shop and feel that the clothes we buy have been produced without damaging the environment or using poor labour practices, and that we will be able to reuse and recycle them when we no longer want them.’
The clothing and textiles sector in the UK alone produces around 3.1 million tonnes of CO2, 2 million tonnes of waste and 70 million tonnes of waste water per year – and 1.5 million tonnes of unwanted clothing end up in landfill.
© Press Association 2009
Which? News RSS Feeds
For daily consumer news, subscribe to the here. If you have an older web browser you may need to copy and paste this link into your newsreader: https://www.which.co.uk/feeds/reviews/news.xml . Find out more about RSS in the Which? guide to news feeds.


text:
The legendary Philly-based auto parts chain Pep Boys has been sold for $1 billion ($15 a share) to private equity buyer Alan Gores. Pep Boys chief Mike Odell says he expects his management team to stay in place "for now."
So, another Philadelphia institution slips into the hands of an outsider.
Also, the New York Post is reporting that the Philadelphia Inquirer, Philadelphia Daily News and philly.com are up for sale -- again! The report claims that the current owner, Philadelphia Media Network is hoping to get roughly $100-million for the papers and the website.
Philadelphia Media Network is mum on all this, refusing any comment. That's not a good sign.


text:
Miller-Coors, Pabst Settle Lawsuit…Whew!
A while back I blogged about this Pabst Blue Ribbon situation that almost had me in tears...But apparently things are back on track according to My Stateline:
"We have reached an amicable settlement in the case and are pleased to resolve all outstanding issues with Pabst," MillerCoors LLC
The bottom line is this, PBR is and still will be around. There was a possibility that the beer brand would stop production with this lawsuit, but game on Pabst Blue Ribbon lovers.


text:
Until now, all the digital video featuring the DIY maven had been
culled from highlights of long-form episodes, but MSLO is filming a
short-form series starring Ms. Stewart.
The shift seemed logical to Ms. Stewart, 71, who has adopted
mobile technology for both her personal and professional life. "I'm
constantly using my three handheld devices/smartphones to talk,
look up information and tweet," she said via email. "I love social
media because I can get great, instant feedback and stay in touch
with a broad audience."
The question, however, is whether Ms. Stewart can compete
against the plethora of professional and amateur how-to online
videos and whether her image will translate onto digital media.
Though she's dominated the lifestyle category with TV shows to
coffee-table tomes to consumer products, her company has struggled,
reporting losses in eight of the nine past years. And Ms. Gersh
said during the most recent earnings call that a return to the
black might take longer than expected.
"The internet thrives on imperfection and improvisation," said
marketing expert Adam Hanft.
With Martha, "every petal of every rose needs to sit perfectly.
Julia Child would have been better on the internet ... The classic
moment when she drops the chicken on the floor fits perfectly with
the internet's idea of approachability."
But Ms. Stewart says her brand is growing among younger viewers,
citing ComScore data that show her 18-to-34 digital audience up 40%
over last year.
"There's lots of so-called how-to information out there, but
much of it does not demonstrate the level of expertise, trusted
content or the good production values offered by Martha Stewart
Living," Ms. Stewart said.
Though Ms. Stewart is abandoning ad-supported TV, she can still
be found on PBS this fall in a new series, "Cooking School." The
show will be filmed sans a live audience but with an eye for
broadcasts on the living-room screen as well as clips for the web
and other digital platforms, Ms. Gersh said.
"We are in constant conversations about other TV possibilities,"
Ms. Gersh said.
"What we are trying to emphasize is that it should no longer be
called TV or broadcast but video that can play anywhere."


text:
Happy birthday, Britney Spears.
The pop star — who turns 39 on Tuesday, Dec. 2 — has without a doubt made an impact on the fashion industry over the years.
From her concert looks to her red carpet moments, Spears always manages to pull together something eye-catching and memorable. If you’re a fan of the singer, you know Spears’ wardrobe often includes sequins, sparkles, thigh-high boots and a lot of sheer.
In honor of her big day, FN has looked back in time at some of her most unforgettable style moments.
Kicking off the list is Spears’ red crystal-embossed costume that she wore on stage at the 2016 Billboard Music Awards, where she was honored with the Millennium Award. The intricately designed look featured an embellished halter choker and dangling jewels below her chest. The star paired the look with fishnet tights and matching jewelry.
As for footwear, Spears opted for matching red high-knee boots. The heeled shoes featured a similar crystal design as her costume.
Ahead her performance, which saw Spears sing fan favorites such as “Toxic” and “Womanizer,” the songstress hit the red carpet in a daring black lace Reem Acra dress. The number featured sheer sleeves with small embellishments and a cape. Spears finalized the look with a pair of statement Schutz Karlyanna gladiator sandals. The peep toe black heels hit just above her knee.
Spears also turned heads at the 2015 Billboard Awards when she stepped out in a nude embellished Yousef Al-Kasmi gown. The form-fitting number featured long sleeves and cascaded down to Spears feet, slightly hiding her gold sandal heels.
Spears proved she would always step out in sparkles when she arrived at the 29th annual GLAAD Media Awards in 2018 in a barely there mini dress from Giannina Azar. The look featured cutouts and hanging jewels. Spears completed the ensemble with a pair of transparent heels by Christian Louboutin. The footwear featured crystals across the toe and heel. The look was not only signature for Spears, but also on trend as clear sandals were (and still are) the it-shoe to wear.
That night, Spears accepted the Vanguard Award of which she said: “We can all join hands together here and know that we are all beautiful. And we can lift each other up and show our gifts without hesitation.”
Another memorable moment came in 2017 as Spears performed at the Axis Theatre in the Planet Hollywood Hotel in Las Vegas as part of her “Piece of Me” residency. The pop icon hit the stage in deep green lace bodysuit. She paired the look with a silver choker and fishnet tights.
On her feet, Spears opted for her go-to shoe, high-knee boots. The suede selections featured a rounded toe and a thick block heel, making it easy for the star to dance around in. Sam Edelman currently offers a similar pair for $89 at Nordstrom.com.
Outside of her on-stage and red carpet looks, Spears has been known to make statements during her down time. She typically opted for tracksuits by Juicy Couture.
In 2009, Spears was photographed shopping in London, wearing a brown velour tracksuit that featured gold accents. Spears paired the look with sneakers. The look has made a comeback this year as many are opting for a cozier look while quarantining amid the ongoing coronavirus pandemic.
See more of Britney Spears’ style in the ’90s and early ’00s.


text:
GGV Capital’s Evolving Economy conference was back in person for the first time since 2019.
GGV launched Evolving|E in 2016, and over the years, the New York City conference has brought together thought leaders, venture capital investors, and founders to discuss the most promising developments in the consumer internet sector.
The community has expanded to include online and offline dinner series, master classes, and gatherings around the world. In the summer of 2020, the summit shifted to incorporate industries rapidly evolving to keep pace with the change brought on by the global pandemic. E-commerce paved the way for digital transformation across industries, and we're excited to expand the Evolving|E summit to highlight the innovators enabling a digital economy.
Our 7th annual Evolving|E highlighted the latest developments in the consumer fintech sector, an area where we at GGV see massive opportunity to build large companies in the U.S. and emerging markets.


text:
Hardly any other company benefits as much from the current hype surrounding artificial intelligence (AI) as Nvidia. Companies like Microsoft and Google are literally snatching the accelerators for training AI algorithms out of Nvidia’s hands, and this is reflected in the latest annual report. Nvidia had a turnover of 13.5 billion US dollars from May to the end of July – that is double the figure for the same period last year.
Nvidia easily exceeded the already very high forecast of eleven billion dollars. The three months were therefore a record quarter – and the gap is not even small: Nvidia achieved the previous record at the beginning of 2022 with sales of almost 8.3 billion dollars, thanks to the crypto boom at the time. It was the company’s second fiscal quarter of 2024. Its fiscal year is offset from the calendar by one year and one month.
The increase in profit is even greater: Of the $13.5 billion in quarterly sales, Nvidia posted $6.8 billion in operating profit; this is 13.6 times the comparative value from the previous year. In terms of pre-tax profit, Nvidia even reaches 14.7 times the value at almost seven billion dollars. Nearly $6.2 billion of that remains in the company’s treasury as net income, 9.4 times the quarterly earnings of a year ago.
Data center above everything
Nvidia’s driving force is the data center division, in which Nvidia books sales of the GPU accelerators H100 and A100, among others. Their turnover has increased from around 4.3 billion to 10.3 billion dollars. It was only three years ago that this segment exceeded the billion mark for the first time – even then we wrote about booming data centers.
Nvidia sells its high-end accelerators for well over $10,000, sometimes for more than $20,000. This is reflected in the gross margin, which increased by 5.5 percentage points to 70.1 percent.
Meanwhile, the other divisions are fading in the light of AI accelerators: Sales of GeForce graphics cards rose by 22 percent to almost $2.5 billion. The workstation GPU (formerly Quadro) field has shrunk by a quarter to $379 million, and automotive chip sales are up 15 percent to $253 million.
Nvidia’s sales broken down by division. The AI accelerators are booked under Data Center.
The euphoria never ends
Nvidia is expected to earn even more money in the current third fiscal quarter. The company expects sales of $16 billion, with gross margin increasing to 71.5 percent.
The Financial Times estimates that Nvidia will sell around 500,000 H100 accelerators in 2023. Added to this are the A100 models from the previous generation, which are still in demand. Only TSMC’s manufacturing capacity is slowing down growth: According to its own statements, Nvidia could sell more H100 chips, but TSMC does not have enough packaging plants to marry the GPUs and HBM memory on the carriers.
TSMC is expanding its packaging capacity. And Nvidia does not seem to see the AI hype abating – according to the Financial Times, the company wants to produce between 1.5 million and 2 million H100 accelerators in 2024. Meanwhile, the stock market was happy to accept Nvidia’s business figures: the share rose by a good eight percent in after-hours trading. This makes Nvidia a trillion company again.
#Sales #explosion #Nvidia #shovel #seller #among #gold #diggers


text:
Mainland China’s total July sales from official lottery products increased by 19.8 percent year-on-year to approximately RMB32.4 billion (US$4.86 billion), according to official data from the country’s Ministry of Finance.
Welfare lottery sales totalled RMB16.6 billion in July, up by 6.7 percent from the prior-year period, while sports lottery sales jumped 37.6 percent year-on-year to RMB15.8 billion.
Major international soccer championships – such as the Euro 2016 tournament that took place in France between June 10 and July 10 – typically boost sales of official sports lottery products in China.
In July, sales were up in almost all of the 31 provinces and cities of mainland China authorised to sell lottery tickets. Total lottery sales in Beijing and Shanghai increased year-on-year by 20.9 percent and 12.9 percent respectively in July, according to the ministry’s data. In Guangdong province, sales of lottery tickets grew by 16.6 percent year-on-year to RMB3.0 billion.
Combined sales for the two lottery systems during the first seven months of this year amounted to RMB226.7 billion, a year-on-year increase of 5.6 percent. Welfare lottery sales increased by 0.4 percent to reach about RMB118.9 billion, while sales of sports lottery products rose by 11.9 percent to RMB107.7 billion.
Guangdong remained mainland China’s biggest single-province market for lottery products in the first seven months of 2016, with total lottery ticket sales reaching RMB22.8 billion in the period, up by 14.3 percent from a year earlier. Guangdong was followed by Jiangsu province, where total lottery ticket sales were RMB18.4 billion, up by 5.9 percent year-on-year.
Shandong province in eastern China was ranked third, with ticket sales reaching RMB18.3 billion in the seven months to July 31, an increase of 1.3 percent from a year earlier, according to official data.
Jan 22, 2018The head of Macau’s gaming regulator believes that the theft of casino chips with a face value of nearly HKD47.9 million (US$6.1 million) from a property operated by a Macau casino...
Jan 22, 2018
Jan 22, 2018
Dec 29, 2017It could be 2024 before a casino resort is opened in Japan,...
Dec 27, 2017The year 2017 could prove to have been a turning point in...
Oct 25, 2017The deployment of radio frequency identification (RFID)...
”We expect Goa to quickly become a US$1 billion market as it transitions to land-based casinos (from US$150 million today), which is still just a fraction of India’s total GGR potential of US$10 billion to US$17 billion”
Analyst at Union Gaming Securities Asia


text:
Car trading companies are complaining about high inventories and sharp profit decreases as people have cancelled car purchase plans amid Covid-19.
Savico’s finance report shows that its revenue in Q2 was VND3.107 trillion and post-tax profit VND15.3 billion, a decrease of 29 percent and 56 percent, respectively, in comparison with the same period last year.
Its cumulative revenue in H1 was VND6.253 trillion, or 27 percent lower than H1 2019, while the post-tax profit dropped by 79 percent to VND24.1 billion.
Savico distributes cars, and provides repair and maintenance services. It has 50 sales agents which distribute cars for many brands.
City Auto, the distributor of Ford and Hyundai products in Vietnam, is in the same situation. Its H1 finance report showed that revenue from sale and services was VND2.151 trillion, a sharp decline compared with the VND2.945 trillion H1 2019.
The post-tax profit dropped from VND48.6 billion to VND783.1 million. Meanwhile, the profit of the holding company plunged from VND42 billion to VND1.3 billion, or 97 percent.
|Car trading companies are complaining about high inventories and sharp profit decreases as people have cancelled car purchase plans amid Covid-19.|
Haxaco, which distributes Mercedes cars, reported a 68.5 percent decrease in post-tax profit of Q2 to VND8 billion. In H1, the company got VND2.01 trillion in revenue, a decrease of 13 percent, and earned VND11 billion in post-tax profit, a decrease of 62.3 percent.
As retail has been going slowly, car assemblers and importers have also suffered. VEAM, a partner in three automobile joint ventures, Toyota Vietnam, Honda Vietnam and Ford Vietnam, reported VND790 billion in profit from the three companies, just 37.5 percent of Q2 2019.
In H1, it had VND1.165 trillion worth of profit sharing from joint ventures and affiliated companies.
As for truck manufacturing, TMT JSC reported profit of VND1.183 billion in H1, or 10 percent lower than the same period last year.
MOIT confirmed that all enterprises in the automobile industry, from manufacturers and assemblers, to importers and retailers, have seen their revenue drop sharply in H1.
According to VAMA, automobile manufacturers faced difficulties in H1 because of the impact of Covid-19. Most companies have had to recalculate their production and business targets for 2020 in new conditions.
Because of social distancing, enterprises could not organize production in the first half of Q2. In May and June, the demand was still very weak, which led to the sharp fall in sales in the entire system.
The current situation is different from 2018, when demand was strong and supply could not satisfy demand. Buyers had to pay additional money to get deliveries quickly. It was estimated that for the 10 best selling models alone, customers had to pay VND1 trillion more to get quick deliveries.
Local automobile manufacturers look forward to big preferences
What should automobile manufacturers do – import cars for domestic sale or assemble cars domestically? They prefer the second solution, though the first brings higher profit.
Vietnam’s automobile market sees 62 percent surge after social distancing
The sales of automobile surged 62 percent month-on-month in May following the end of social distancing measures, according to the Vietnam Automobile Manufacturers’ Association (VAMA).


text:
Russia's M.video says consumer confidence weakened at end-2013
MOSCOW Jan 17 (Reuters) - Russia's biggest home electronics and white goods retailer M.video said consumer confidence weakened in Russia's regions in the fourth quarter of 2013, impacting annual sales figures which rose one percent on a like-for-like basis.
M.video, which has 333 outlets, said total sales rose 11 percent to 175 billion roubles ($5.2 billion) in 2013 as it opened 40 new stores.
In the fourth quarter, sales rose 8 percent with like-for-like sales down 1.8 percent. While the regions saw weaker performance, stores in Moscow and St Petersburg performed strongly, M.video said.
($1 = 33.4072 Russian roubles) (Reporting by Olga Sichkar and Megan Davies)
- U.S. immigration protesters drop U.S. border blockade plan
- Exclusive: Angry with Washington, 1 in 4 Americans open to secession
- About 60,000 Syrian Kurds flee to Turkey from Islamic State advance |
- White House intruder was armed with knife: officials
- Exclusive: Iran seeks give and take on militants, nuclear program


text:
SpankChain, a blockchain-based adult entertainment platform, announced the closure of its cryptocurrency payment processor, SpankPay, due to the lack of available adult-industry-friendly service providers. According to the company, their search for a new payment processor had been ongoing for months, but they needed help finding a suitable partner.
SpankPay was launched in 2018 and allowed adult performers and content creators to accept various cryptocurrencies as payment. Its closure is a major blow to the adult industry, which increasingly relies on cryptocurrencies to conduct transactions in the face of censorship and discrimination from traditional financial institutions.
The adult entertainment platform SpankChain, based on the Ethereum blockchain, has announced the closure of its cryptocurrency payment processor, SpankPay. This decision was made following the loss of Wyre in February, their payment service provider, and despite their efforts to find a replacement, they were unsuccessful. As a result, the company has decided to shut down the SpankPay platform.
According to a statement released by SpankPay in February, the company’s former payment service provider, Wyre, had terminated their agreement due to SpankPay’s violation of certain rules set by third-party payment processors or networks.
CypherMind-HQ.com Artificial Intelligence Crypto Trading System – Get Ahead of the Curve with this sophisticated AI system! Harness the power of advanced algorithms and level up your crypto trading game with CypherMindHQ. Learn more today!
While the specific nature of these violations was not disclosed, they resulted in the termination of Wyre’s services, significantly impacting SpankPay’s ability to process payments. Despite attempts to find a new provider, the platform needed help to secure a replacement, leading to its eventual closure.
SpankPay recent post on March 20th that the termination of their agreement with Wyre was a “targeted shutdown” due to their new payment processor’s policy of not working with adult businesses.
While the exact reason for Wyre’s termination of services in February was not specified, SpankPay’s recent statement suggests that the decision was influenced by their association with the adult entertainment industry. This action has further complicated SpankPay’s efforts to secure a replacement payment service provider, ultimately resulting in the platform’s closure.
According to SpankPay, they have faced challenges in finding alternative service providers due to the nature of their industry. They claim that any attempts to seek out other services have been rejected, with providers citing their involvement in the adult industry as the reason for the refusal.
This action highlights the ongoing stigma and discrimination faced by businesses operating within the adult industry, often resulting in a lack of access to essential services and resources. Despite these challenges, SpankPay continues to operate and provide services to its clients within the industry.
The company has reassured its users amidst a shutdown, stating that their funds are secure and will be returned to them as soon as possible. This move is a critical step in maintaining customer trust and confidence in the company’s ability to handle any challenges that may arise.
In addition, by assuring users of the safety of their money and providing a timeline for its return, the company demonstrates a commitment to transparency and accountability.
Moreover, it is urging its users to adopt cryptocurrency wallets and take control of their finances. They aim to empower customers to manage their transactions and safeguard their privacy. The company also plans to invest in developing new products that cater to the needs of the adult industry.
This proactive approach highlights the importance of innovation and adapting to changing technology to stay competitive. By investing in new products, the company aims to provide valuable services to its users while ensuring long-term growth and sustainability.


text:
Now on sale at Amazon and Barnes & Noble: 50 shades of gross.
The nation’s dominant booksellers are peddling a raft of raunchy online books depicting incest, rape and bestiality — and some critics charge the retailers would rather hide the fast-proliferating and profitable filth than get rid of it.
Following the sleeper success of “Fifty Shades of Grey,” smutty e-books have engulfed Amazon and B&N’s sites, many of them crossing a line well beyond the sadomasochism and bondage scenes in E.L. James’s kinky trilogy.
“9 Hot Taboo Family Sex Stories,” an Amazon Kindle book whose author is listed as Lillian Frost, is “jam packed full of steamy sexual encounters between daddies and daughters, mommies and sons, and sisters and brother(s),” according to a blurb on Amazon’s site yesterday afternoon.
“Beastiality,” a Kindle book by Shameek Speight, tells the story of a housewife whose dog becomes the “Man of the House,” according to a publisher’s note, also viewed yesterday.
That’s despite Amazon’s aggressive crackdown on obscene titles in late 2010, when a Kindle book called “The Pedophile’s Guide To Love and Pleasure” sparked an uproar.
Amazon officials didn’t comment yesterday.
Romance and erotic novels are the book industry’s biggest category in fiction, topping $1.4 billion in sales last year. Erotica is growing faster as e-books make it easier to download and read dirty stories discreetly.
While the retailers often ban titles that go too far, some racy writers say the policing is arbitrary and half-hearted.
If sales of a dirty book are strong, it can usually avoid a ban, although its success may get downplayed to the public, writers say.
Lately, B&N has begun to scrub hot-selling smut from the top 125 titles on its bestseller list, according to several authors. This spring, “The Nolan Trilogy” by Selena Kitt, which depicts wayward Catholic school girls in the 1950s, abruptly halted its quick ascent at No. 126, according to Kitt.
That’s despite selling more than 200 copies a day — easily enough to break the top 100 normally, she said.
Getting blocked from the bestseller list is “a relatively new thing” for erotica writers at B&N, she said.
Asked about the alleged scrubbing of the bestseller list, a B&N spokeswoman said erotica titles “as their sales warrant will appear in our top 100 rankings online.”
Amazon likewise has abruptly cut steamy pulp titles from its own bestseller lists — a move that invariably tanks sales, writers complain.
Nevertheless, incest books look so entrenched at Amazon that a search beginning with “Daddy” late yesterday generated the auto-suggestion “Daddy daughter sex.”
Competition has spurred books with increasingly lewd covers and offensive content, said Amanda Young, an erotic author who calls her depictions of group sex “pretty vanilla” by comparison.
“They want all the income they can get that’s coming from erotica of all kinds,” Young said of B&N and Amazon. “But they don’t want to be known for that.”


text:
IBM (s ibm) today released its latest cloud offering — a mix of consulting services, gear and a management platform aimed at communications service providers (ISPs for most of us) — with France Telecom and Shanghai Telecom named in the release as pilot customers. By itself, the announcement is mundane, but it represents a shift in Big Blue’s cloud computing strategy from designing workload-specific clouds to building and selling cloud services to specific industries. So instead of the test-and-development or business-intelligent clouds we’ve covered in the past, IBM plans to release more products specifically aimed at healthcare, education, insurance and financial services industries.
IBM will keep its existing workload-specific clouds, but because it realized that a variety of security issues, interdependencies among applications and an overall nebulousness about “cloud computing” make selling workload-specific clouds to a wide number of customers unpalatable, the computing giant changed course. It’s no secret that big companies in big industries love to be catered to, so selling them some type of “optimized end-to-end platform” that could “accelerate their business” makes sense. IBM is willing jargon up its offerings (which sound pretty much like consulting), its own gear (plus other gear if that’s what a client has and they don’t want shiny new CloudBurst appliances) and a software platform that helps manage the overall cloud offering.
The software platform is the most interesting aspect of the offering and will actually stay pretty much the same for all the industry-specific offerings, with certain features optimized for each vertical. On Wednesday, IBM announced its latest hardware, and also it had decoupled its software platform from the hardware to allow it to run on gear from other companies. As a strategy, this makes sense, given many large enterprises are leery of vendor lock-in. Gary Cohen, general manager of communications sector at IBM, stressed that IBM has the most complete offering of all cloud hardware providers and that the entire offering would work with gear from anyone.
The software platform has certain capabilities outlined in the IBM release for service providers, such as enabling the ISP to provision tens of thousands of virtual machines per hour, provision new services in less than a minute and scale to run and manage millions of concurrently running virtual machines. This does help a company build an actual compute cloud that scales and provisions on demand.
The idea is that ISPs can use the IBM-built platform as a means to let partners offer services to the ISPs’ clients much like Force.com allows developers a way to reach Salesforce.com (s crm) customers. For ISPs, which often have customers relying on them for IT services already, having a true cloud platform provides more flexibility and offerings that can help them derive revenue from their pipes and compute infrastructure. Many ISPs already have their own cloud products, such as AT&T’s (s T) Synaptic Hosting or Verizon’s (s vz) Compute as a Service.
Over the next few weeks, we’ll see IBM announce other industry-specific cloud products, something IBM executive Erich Clementi had hinted at in his interview with me onstage at our Structure 2010 event in June. So, expect to see more industry clouds like the one announced today or partnerships such as the one IBM announced in August with Aetna (s aet) as it seeks to wring real dollars out of the vapor that is the cloud.
Related Research about on Big Data from GigaOM Pro:


text:
Biometric cards will drive $5bn in revenue by 2026
(18 February 2021 – Global) Swiss bank UBS says fingerprint payment cards will capture a 15 percent share of the card market and generate $5 billion in bank revenue in the next five years.
In January, French bank BNP Paribas began offering its Visa Premier cardholders the chance to upgrade to a contactless fingerprint option - for a €24 annual fee. Multiple other banks, from SocGen to NatWest, are also trialling the technology.
“In the past few years more than 23 pilots were reported with three commercial launches ongoing," says UBS. "In conclusion, despite the rise of mobile payment threat to the total cards volume, we believe biometric cards can fuel some growth within the payment cards market."


text:
Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing user base, including the millions of users who have signed up to access cryptocurrency investments.
App users will now be able to speak with a live customer service representative 24 hours a day, seven days a week, regardless of holidays. The company said its 24/7 support line is part of a broader effort to expand reliability and accessibility, as well as respond to time-sensitive requests from its customers.
To access the service, users can request a call through the Robinhood app and receive a notification when they are next in line for a phone conversation. A Robinhood representative will then initiate the call.
Kristen Brown, COO of Robinhood Crypto, told Cointelegraph that the company is expanding customer service due to the higher volumes and longer wait times, a feature of large exchanges. She said her company is committed to “resolving three major barriers to our financial markets,” including economic, educational and emotional. On the emotional side, she explained:
“To overcome emotional barriers, we need to help everyone feel that they are ready to become an investor, that they belong, and that they will get the support they need when they need it. We hope that providing 24/7 phone support will continue to break down these barriers. “.
Brown confirmed that as of June, Robinhood had approximately 2,700 customer support employees. The company is on track to grow its customer services unit two and a half times this year.
Customer service, or lack thereof, has become a serious problem for many cryptocurrency traders. As Cointelegraph recently reported, thousands of Coinbase customers were unable to access customer support even after their accounts were hacked. This issue is not limited to Coinbase either.
Related: Robinhood users may soon be able to withdraw cryptocurrency for the first time
Crypto exchange support has been criticized as uniformly poor in large part because exchanges are unable to scale their support staff quickly enough, especially during bull markets. This issue also overloaded the infrastructure during periods of high volume, leaving millions of traders unable to access their accounts when they needed it most.
Robinhood’s IPO filing in July showed the company had 18 million registered accounts with $80 billion in assets. Many of these users are drawn to Robinhood’s commission-free trading services, as well as the ease with which they can purchase investments such as stocks and cryptocurrencies.


text:
Time magazine named Elon Musk the Person of the Year, in part because of his impact on financial markets.
This has largely been accomplished through one medium: Twitter.
The Tesla CEO has 67 million followers and a reputation for moving markets and making headlines with his tweets, which are frequently just jokes.
Several tweets, including squabbles with US senators and a rumored one-star review of JPMorgan, made headlines in November alone.
Here’s a collection of 12 of his most influential market tweets, one for each month of the year.
On January 26, near the peak of GameStop mania, when the ailing retailer’s stock soared past $300, Musk sent out a simple tweet: “Gamestonk!!” He shared a link to Wall Street Bets, a popular subreddit that rallied behind GameStop.
He sent a slew of dogecoin-related tweets, which sparked rallies in the meme token, whose mascot is a Japanese shiba inu dog. A February 5 Twitter poll titled “Dogecoin to the Moooonn” boosted the cryptocurrency by 35%.
Musk briefly announced plans to sell a non-fungible token, or NFT, in March, but then quickly backtracked. More importantly, he stated that people could start buying Teslas with bitcoin. The value of bitcoin increased as a result of the tweet.
In an April 28 tweet preceding his appearance as the host of “Saturday Night Live,” he referred to himself as the “dogefather.” This tweet, along with endorsements from billionaire investor Mark Cuban, drove dogecoin up by up to 30%. Musk’s appearance on SNL, on the other hand, resulted in a dogecoin drop.
Musk backtracked on Tesla’s plan to accept bitcoin just two months after announcing it. In a series of tweets, he expressed his concerns about the energy consumption and environmental impact of processing transactions and mining bitcoin. The reversal caused a drop in Tesla stock and the digital asset market.
In June, Musk caused bitcoin’s price to skyrocket after tweeting that the EV maker would begin accepting bitcoin once “there’s confirmation of reasonable (50 percent) clean energy usage by miners with a positive future trend.”
His influence over the markets began to wane in July, and he avoided market-moving tweets for the most part. He did, however, slip in a Matrix meme proclaiming “dogecoin is money.”
Musk chimed in on Twitter after Cuban told CNBC that dogecoin is the best cryptocurrency as a medium of exchange, saying, “I’ve been saying this for a while.”
However, Musk stated in September that dogecoin fees would need to be reduced in order for it to become a more viable payment option. The tweet came after AMC CEO Adam Aron considered accepting dogecoin as payment.
Shiba inu, the self-proclaimed “dogecoin killer,” experienced a meteoric rise in October after Musk tweeted a photo of his new Japanese puppy named “Floki.” He later revealed that he had no crypto holdings in shiba inu, only bitcoin, ether, and dogecoin.
Tesla stock plummeted in November after Musk asked on Twitter if he should sell 10% of his stake because “much has been made recently of unrealized gains being a means of tax avoidance.” Nearly 60% of the 3.5 million people who voted said yes.
In December, he said he would pay $11 billion in taxes if he continued to sell Tesla shares to reach his 10% target. However, he stated in Time’s Person of the Year article that he has no effect on markets. “Markets move all the time, based on nothing, as far as I can tell,” he explained.


text:
Pricecheck welcomes students to learn about international trade
Sheffield Hallam University students were given a presentation and tour of Pricecheck by employees from various departments
Global brand wholesaler and distributor Pricecheck welcomed undergraduate International Business Studies students from Sheffield Hallam University to its head office last week to learn about how, and why the company trades internationally.
In recent years, Pricecheck has seen rapid growth by adopting a strategic approach to the export and import of over 3,000 product lines, which can change daily.
The students learnt how the company has built on its success in the UK and replicated this business model in over 75 territories, including the EU, Australia, Singapore, Canada and the USA.
Pricecheck already has strong links to Sheffield Hallam University, with six students currently on placement, and many of its graduates are Sheffield Hallam alumni.
Dr Thi Song Hanh Pham, Senior Lecturer in International Business and Global Supply Chain Management at Sheffield Hallam University commented “The content of the presentation was very relevant to what we are teaching in International Business, especially, Global Supply Chain Management, and export management.”
HR Advisor, Alicia Rudd who organised the event said, “We love working with Sheffield Hallam University. Events like this help students to understand the world of work and equip them with real-world examples to apply to their studies. We are proud of our Hallam alumni, and look forward to welcoming more soon.”
The company is looking forward to hosting similar events for more students in the future.


text:
Tehran (ISNA) – 20 Iranian knowledge-based companies will travel to Armenia to expand technological and trade relations between the two countries.
The four day visit will take place February 9, 2021 during which the Iranian knowledge-based companies will participate in technological meetings in Armenia.
The Iranian knowledge-based companies have an opportunity to negotiate with their Armenian counterparts. The meetings will play an effective role in shaping the collaborative work environment between Iranian and Armenian companies.
Visiting Armenia’s permanent exhibition of knowledge-based products and visiting the science and technology parks of the country are among the agenda.
Follow us on Twitter @Isna_Int


text:
69.48 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||69.51 x 800|
|Ask||69.52 x 1100|
|Day's Range||68.28 - 69.59|
|52 Week Range||53.43 - 73.00|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||10.23|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||1.28 (1.91%)|
|1y Target Est||70.42|
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Daimler Trucks North America will cut 900 workers at two Freightliner plants in North Carolina as tepid orders for new heavy- and medium-duty trucks persist following a record ordering binge in 2018. Freightliner, which holds a commanding lead in market share over its competitors, is the fourth of six major truck makers to curtail production. "Following a red-hot North American truck market of record sales and production volumes over the last 12 months, the market is now clearly returning to normal market levels," DTNA said in a statement.
The company is reinvesting more than $300 million dollars into research and development and embedded software for its trucks.
Truck manufacturers are pushing full steam ahead into connected vehicle platforms, using telematics and data integration to drive value for customers while providing countless other benefits for partners, the community and the OEMs themselves. Paccar Inc (NASDAQ: PCAR) started its digital transformation journey in 2015 with a remote diagnostics platform, said Jamin Swazo, director of marketing, Kenworth Trucks. The company has since expanded from a Paccar engine-only platform to a Cummins engine platform and more recently a connected system for its medium-duty trucks.
"The number one benefit of buying a trailer is CSA (Compliance, Safety, Accountability) compliance because you are in control of it," Todd Amen, president and chief executive officer of the owner-operator financial services company ATBS said. "A leased owner-operator owning his or her own trailer," Amen stated, "can expect to earn 3 cents to 12 cents per mile more, with the average being about 6 cents.
PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-two cents per share, payable on December 3, 2019, to stockholders of record at the close of business on November 12, 2019.
"Due to the cyclical nature of the business, we will be reducing line rates at our Springfield [Ohio] Assembly Plant," spokeswoman Lyndi McMillan told FreightWaves on Wednesday, August 15. The cutbacks are in Class 5-7 medium-duty trucks, whose industry-wide inventories are ballooning even as retail sales are up 6 percent year to date through June, according to ACT Research. The issue is a 30 percent increase in inventory – 55,400 unsold medium-duty trucks in June compared to 42,700 the same month in 2018.
With several manufacturers producing top-of-the-line Class 8 trucks, the question must be asked, which one is the best bang for the buck? Between Mack, Freightliner, Peterbilt and Kenworth, there are many Class 8 trucks on the market. Owned by PACCAR Inc (NASDAQ: PCAR) and with over 90 years of experience in the industry, Kenworth, although biased, considers itself "the world's best." However, thousands of owner-operators have labeled Kenworth as the maker of the ideal owner-operator vehicle.
PACCAR Inc (NASDAQ:PCAR) is about to trade ex-dividend in the next 4 days. If you purchase the stock on or after the...
The Treasury Department's Office of Foreign Assets Control (OFAC) on Aug. 6 announced a $1.7 million settlement agreement with Bellevue, Wash.-based PACCAR (NASDAQ: PCAR) to settle allegations that the truck maker's European subsidiary illegally engaged in the sale of 63 trucks from Europe to Iran between October 2013 and February 2015. According to OFAC, DAF Trucks in Eindhoven, the Netherlands, sells trucks through a network of more than 300 independent dealers.
New truck orders in July fell to their lowest level since 2010, more evidence that a trucking sector recession is taking hold. FTR Transportation Intelligence reported preliminary orders of 9,800 units. ...
Kevin Baney was named general manager of Kenworth Truck Co. and a vice president of parent company Paccar Inc. (NASDAQ: PCAR) on Thursday, August 1. Mike Dozier, a 31-year Paccar veteran who has been Kenworth general manager since 2011, is still with the company, but a spokesman did not immediately say in what role. Prior to that role, he was Kenworth's chief engineer for nearly five years.
Today we'll evaluate PACCAR Inc (NASDAQ:PCAR) to determine whether it could have potential as an investment idea. To...
PACCAR (PCAR) and Tesla's (TSLA) second-quarter 2019 earnings improve year over year while that of Autoliv (ALV), Harley-Davidson (HOG) and AutoNation (AN) decline.


text:
Secure transaction consultancy Intelling has released a new Smart Insights Report report entitled “Smart authentication to tackle BYOD issues” that discusses the trends and forecasts for secure transactions in a BYOD environment.
Intelling forecasts that BYOD software authentication solution shipments will reach 223 million units by 2018, which is a compound annual growth rate of 27%. However, this growth will not outstrip that of BYOD hardware authentication solution shipments, which is forecast to grow at a compound annual growth rate of 46% and reach 343 million units.
The report is 150 pages long and analyses future developments in the market, including forecasts on BYOD authentication product shipments in volume.
More information is available at the Smart Insights website.


text:
AD Ports Group has announced that more than 2.2 million square meters of its Industrial Cities & Free Zone hub have been leased in the first half of 2021 to local, regional and international companies, a clear indication that demand for industrial land continues to accelerate despite the impact of the COVID-19 pandemic on businesses.
AD Ports Group’s Industrial Cities & Free Zone cluster, consisting of Khalifa Industrial Zone Abu Dhabi (KIZAD) and ZonesCorp, has a total of 550 square kilometers of industrial and commercial land. Demand has increased throughout 2021, especially in key economic sectors such as metals, food, automobiles, technology and chemicals.
Additionally, KIZAD and ZonesCorp reported significant increases in foreign direct investment in the first half of 2021, with demand from several adjacent sectors including e-commerce, plastics, logistics and light manufacturing.
Abdullah Al Hameli, Head of Industrial Cities and Free Zone at AD Ports Group, said: to strengthen and grow. Through the vision of the UAE’s wise leadership, Abu Dhabi is rapidly evolving to become the optimal destination for manufacturing and investment in the region.
“By leveraging our strategic location, in the heart of the world and at the crossroads between east and west, Abu Dhabi’s industrial zones are rapidly transforming into global hubs for key sectors where businesses serve the needs of nearly 4.5 billion consumers in geographic regions.
Abu Dhabi’s industrial zones are currently home to more than 1,500 companies, including some of the world’s leading industrial players in a variety of sectors, including advanced manufacturing, life sciences and biopharma, food and agro -tech, machinery and equipment, shipping, logistics, chemicals and plastics.
The cluster is embarking on major projects such as The Life Science Park, which has been designed to meet the growing demand from vital sectors, such as pharmaceuticals, medical equipment, research and development, education, as well as other health-related sectors. .
AD Ports Group also recently announced the completion of 1.38 million m² of commercial and retail space at Rahayel Automotive and Mobility City, the region’s first integrated hub for the automotive industry to accommodate a full range of vehicles. automotive related businesses and support services.
AD Ports Group’s Industrial Cities and Free Zones cluster has served as a catalyst and catalyst for sustainable projects in the emirate. At KIZAD, Helios Industry, a private special projects vehicle (SPV) company, to invest more than AED 3.67 billion (US $ 1 billion) in the construction of a new ammonia plant green, which will produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen.
At the same time, ZonesCorp is assisting in the development of ‘Block 7’, a new 820,000 square meter hub designed to function as a breeding ground for innovation-driven industries with state-of-the-art infrastructure, robust services and a unique configuration that connects living spaces leveraging ZonesCorp’s existing manufacturing ecosystem and serves as a platform for tech start-ups in Abu Dhabi.
Source: Abu Dhabi Ports Group


text:
Bethesda founder Christopher Weaver has discussed the impact of Microsoft's recent acquisition of Zenimax in a new interview with Inverse, suggesting that the studio could become a powerful card for Xbox to play in the coming console generation.
"The acquisition of Bungie acted as an important trigger for the success of the early Xbox. Depending upon how soon Bethesda can prime the Microsoft pipeline, I suspect Microsoft is looking at their playbook and looking to repeat one of its 'best moves,'" Weaver says. "If the strategy works, it will be a brilliant counter-move against Sony. Users from around the world will be the ultimate beneficiaries of this deal."
We already know that Bethesda's existing catalog will come to Xbox through Game Pass, but the availability of the studio's upcoming games remains to be seen. All future Bethesda games will also be on Game Pass at launch, which will be a huge boon for Xbox, but outright exclusivity hasn't been confirmed . Microsoft will honor the previously announced PS5 timed exclusivity for Deathloop and Ghostwire: Tokyo, but far-off releases like Starfield and The Elder Scrolls 6 could still skip PS5 in favor of Xbox Series X and Windows 10 PCs.
"I do not think it is any accident that this announcement occurred so close to Sony’s PS5 announcement," Weaver says of the acquisition. "There are only a limited number of proven creators of AAA. What Microsoft owns, Sony cannot get."
Xbox boss Phil Spencer assured fans that Bethesda will operate "semi-independently" following the acquisition, and that the studio's internal structure won't be affected. However, Weaver says he has "yet to meet an executive who does not want to accelerate the sale of a potential product," suggesting Microsoft may want to hurry Bethesda's next big release, if only as an opportunity to make full use of the studio as an asset. That said, he did cushion this theory with the belief that "I have to believe Microsoft execs will be responsive to Bethesda's input."
Weaver founded Bethesda in 1986 and Zenimax in 1999, but left both companies in 2002. By 2007, while he was still a major shareholder at Zenimax, he wasn't involved with the company in any capacity. He says he now owns only a small number of Zenimax stocks, and has since left the games industry entirely to work in academia. Nevertheless, as the founder of both Bethesda and Zenimax as well as one of the top-ranking executives from the companies' early days, his insights are relevant and valuable.
Spencer says Bethesda has an "incredibly exciting" lineup of unannounced games waiting in the wings.


text:
6D Global Technologies to employ 60 people within three years at new Dublin office
American digital business solutions provider 6D Global Technologies is opening an office in Dublin in order to expand its operations into Europe.
With plans to employ 60 people within three years, the Dublin office’s key functions will be sales and solution support for the company’s European business, in addition to extending support access for all of its clients looking to expand globally.
“We are seeing a tremendous demand from our customers to have one digital solution partner that is positioned to support their growth globally,” said Tejune Kang, CEO of 6D Global Technologies, which is a Nasdaq listed company.
“Our global customer footprint makes it increasingly important for us to offer local representation to our customers around the world. When we assessed where to establish our European base of operations, Ireland was a logical choice given its growing reputation in driving world-class innovation and access to talent.”
6D Global was introduced to Ireland through ConnectIreland, the company responsible for delivering the Government’s Succeed in Ireland initiative in association with IDA Ireland.
For more please click: http://www.businessandleadership.com/business/item/51533-6d-global-technologies-to/


text:
Sehatnews – With the Surface Pro 9, Microsoft is making good on the promise of more repairable devices for the first time. In the new Surface model there is now less glue and finally more screws.
Microsoft seems to be heralding a turnaround in terms of the repairability of its devices: Compared to its predecessors, the current Surface Pro 9, which was presented in October 2022 (“Swiss IT Reseller” reported ), is much easier to repair, according to a report by the repair specialist iFixitemerges.
Improving The Surface Pro 9 Takes An Evolutionary Leap
In terms of repairability, there is even talk of “a whole new level of development at Microsoft”. The fact that Redmond is rethinking repairs is further cemented by the company’s promise to iFixit that it will make spare parts and instructions for do-it-yourself repairs more easily available in the future.
The company had already announced at the end of 2021 that it was planning to make repair tools available (“Swiss IT Reseller” reported ).
With the Surface Pro 9, the display can now be detached and disassembled more easily thanks to more flexible edges. Furthermore, the SSD can be removed with just a single screw under a magnetic flap. And the battery can now also be removed without thinner, as it is screwed instead of glued in the new model.
This gives the Surface Pro 9 a repair score of 7 out of 10 points – iFixit had given the Surface Pro 7 a score of 1. According to the repair professionals, the rating could even improve once the promised spare parts, instructions and repair tools are made available. Check out iFixit ‘s video for details on the teardown . (win)
More articles on the topic
Microsoft unveils new Surface devices
October 13, 2022 – Microsoft has announced the Surface Pro 9, the Surface Laptop 5, the Surface Studio 2+ and the two new accessories Audio Dock and Presenter+.
Apple extends Self Service Repair to Macbooks
August 23, 2022 – Apple already allows iPhones to be repaired by one’s own hands, and various Macbooks should now also be able to be repaired by oneself. The Macbook program is now starting in the USA and is scheduled to come to Europe in 2022.
This article has been published on the website : itreseller.ch


text:
Osama bin Laden is trying, knowingly or otherwise, to take over the world disguised as a computer virus.
Technology companies lost their sparkle on Wall Street last night as investors delivered a thumbs-down to disappointing figures from Microsoft and two leading internet retailers.
Board directors and major shareholders at iSoft, a lead supplier of software to the government's £6bn programme to overhaul the health service, yesterday voted to re-elect one of the directors - despite the fact that he has been suspended from duty.
Internet auctioneer eBay caused a sell-off in technology shares on Wall Street yesterday by admitting it was struggling to lure bidders online during the summer holiday season. By Andrew Clark.


text:
Foodservice provider Bidfood is looking to recruit drivers and warehouse staff at its newly opened depot in Penrith, Cumbria. The depot was purchased from AF Blakemore & Son, which is part of Spar UK. It includes a 21,357ft² ambient centre and 5,078ft² freezer development. It will be used to service Bidfood customers in the region and as a base from which to expand the company’s footprint in the north of England. The company said it will continue to employ staff […]
A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover.
Kinaxia Logistics will buy its 11th haulier by the end of the year, according to director Peter Fields.
CitySprint has acquired all operations at Woking-based Eagle Express Worldwide Couriers. Its same-day, international and UK overnight operations were acquired by CitySprint on 8 December, taking its network to 35 depots and 2,000 couriers. It will be transferred over to the CitySprint brand later this month. CitySprint said the transition will be seamless for Eagle Express’ customers and it will continue to be serviced by the same staff at the same depot in Old Woking. Chief executive Patrick Gallagher said: […]


text:
25 shops gutted, 2 hurt
Two people received burn injuries and 25 shops were brunt to ashes in a devastating fire at Somotaghat in the town on Wednesday.
The fire first originated from an oven in a restaurant at about 5:30pm and soon engulfed the corrugated iron sheet made and semi-pacca shops.
Suvas Chakma and Avishek Dewan were burnt in the fire. They were admitted to Rangamati Sadar hospital.
Fire fighters were rushed to the spot and doused the flame after one and half hour long frantic efforts.
Valuables worth Tk 1 crore were gutted in the fire, said fire brigade sources.
The Somotaghat Market has been burnt for four times so far, said Samoresh Dewan, owner of the market.


text:
Tata Motors wholly owned subsidiary, Jaguar Land Rover (UK) said retail sales totaled 36,421 in July and 28,887 vehicles in the seasonally lower month of August. Notably UK retail sales in July and August were up significantly year-on-year, 29.1% and 14.3% respectively.
Mahindra and Mahindra said that Share Purchase Agreement entered into for sale of 93,15,000 equity shares of Neo Solren (NSPL) held by Mahindra Renewables (MRPL), a step-down wholly owned subsidiary of M&M, to CLP India stands terminated on 10th September 2020.
Ratnamani Metals said it received a domestic order worth Rs 90 crore in carbon steel division of the company for supplying coated CS pipes for oil & gas sector. The order is to be completed between December 2020 to April 2021.
Credit rating agency ICRA upgraded its ratings assigned to various debt instruments of Yes Bank on improved liquidity. ICRA said the rating upgrade factors in the sizeable capital raise of Rs 15,000 crore in July 2020, which has resulted in an improvement in the capital ratios of Yes Bank.
Adani Land Defence Systems and Technologies, a step down subsidiary of Adani Enterprise, has acquired 51% equity of PLR Systems from Fouraces Systems India on 10 September 2020. PLR Systems was incorporated in 2013 and is engaged in the manufacture and supply of indigenously manufactured defence equipment to the Armed Forces countries. PLR Systems has an authorised share capital of Rs 13 crore and paid up share capital of Rs 12.04 crore.
ISGEC Heavy Engineering won a Rs 126.50-crore order for a semi-dry circulating fluidised bed scrubbers (FGD) system from Hindalco Industries. The FGD system will be used at one of the Hindalco's 150 MW units at Mahan Aluminium at Singrauli in Madhya Pradesh. The project was won through competitive bidding against other technology providers.
On a consolidated basis, Bharat Heavy Electricals (BHEL) reported a net loss of Rs 893.14 crore in Q1 June 2020, higher than net loss of Rs 218.93 crore in Q1 June 2019. Consolidated net sales tanked 57% to Rs 1,896.57 crore in Q1 June 2020 over Q1 June 2019.
On a consolidated basis, Puravankara reported net loss of Rs 16.93 crore in Q1 June 2020 as against net profit of Rs 44.40 crore in Q1 June 2019. Consolidated net sales tumbled 71.1% to Rs 182.35 crore in Q1 June 2020 over Q1 June 2019.
On a consolidated basis, Premier Explosives reported net loss of Rs 2.42 crore in Q1 June 2020 compared with net profit of Rs 0.68 crore in Q1 June 2019. Consolidated net sales slumped 56.3% to Rs 23.08 crore in Q1 June 2020 over Q1 June 2019.
Mishra Dhatu Nigam (MIDHANI) reported a consolidated net loss of Rs 0.94 crore in Q1 June 2020 compared with net profit of Rs 22.99 crore in Q1 June 2019. Revenues from operation during the quarter fell 14.11% year-on-year (YoY) to Rs 113.49 crore.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


text:
Pizza lovers in California and Nevada will have a chance to win a year’s supply of their favorite pizza pie this October through a promotion of the California Milk Advisory Board.
Every day in October, Cheesy — name of the official `spoke slice’ for Real California Cheese — will randomly select from pizza places participating in the CMAB promotion to award a year’s worth of free pizza to a lucky pizza lover. In all, 31 lucky pizza fans will win free pizza for a year. The year’s worth of free pizza prizes figures out to be 24 large pizzas (two per month), based on national per capita consumption estimates.
The daily free pizza awards also will benefit local charities and pizza place employees. Each winning pizza place will be able to designate a favorite charity to receive free pizza for a year as well. Employees on duty when the award is made will each receive a $50 American Express gift check.
Consumers can learn about participating pizza places by checking a free-standing-insert appearing in local California and Nevada newspapers Sunday, October 1. Addresses are also available by logging on to www.RCCpizza.com.
Participating pizza places qualify for a visit from Cheesy by displaying Real California Cheese point-of-sale materials featuring the Real California Cheese seal. If a pizza place has the materials up when Cheesy arrives, the next order (dine-in, delivery or take-out) will win.
In addition to the mega prize of free pizza for year, consumers will have a chance to win $20 pizza gift certificates by listening to local radio stations running special advertising and on-air pizza promotions during October. The certificates may be redeemed until December 31, 2000 at any pizza places using Real California Cheese.
Pizza lovers also can log on to www.RCCpizza.com for promotion details, participating pizza places, and daily updates to learn where Cheesy has recently appeared and awarded free pizza for a year.
Now in its eleventh year, the fall pizza promotion is part of the CMAB’s $20 million “It’s The Cheese” marketing campaign in support of Real California Cheese.
Established in 1969, the CMAB is headquartered in Modesto, Calif., and is the largest marketing board in the Western United States, serving more than 2,200 dairy families. Under the dairy umbrella, the CMAB executes generic advertising, retail and foodservice promotions, milk quality improvement and research programs on behalf of California dairy products, including Real California Cheese.


text:
Recently there is great news with regards to Tablet owners as Ho Gaming has come more with a brand innovative new product for tablet receptors. The brand new game supplies all the gambling programs and classic casino gaming titles on the hand-held solution. Now, fans of casino game playing can enjoy games kind as baccarat, blackjack, or roulette on their medications while enjoying a rare live dealer experience at a physical casino. An company, after a very good amount of research, came to the realization the need for this form of a gaming option on a the device, which should be being used by large numbers of people all in the region of the world.
There is a great market for such exercises everywhere. People have started demanding such a for a long time span of time and at long last it is here kudos to Ho-gaming. Peter Kjaer, CEO Ho-gaming, believes gadget to be on an elemen with desktop computers as well laptops. He believes a tablets are a cheaper substitute to bigger lap tops or desktop computers, merely because of their stream-lined size that makes it easy to carry and employ. While speaking about 토토사이트 of new development, the corporation’s CEO ecstatically said, “Players can now enjoy this favorite i phone bets or casino games, varieties of as Blackjack on a single device that easily harmonizes in the palm within their hand.
The new gaming software tool also allows people when you need to play in real amount of time and place bets because of a live dealer.” Our is indeed an enormously unique creation that has recently received great reviews by casino gaming lovers who are able to cannot wait to bring their hands on this. Experts believe that this may be the best time toward release such a game, as the makers does capitalize on recent alters in the mobile research. Now thanks to the quantity of high speed Gary the gadget guy networks, users can very easily enjoy such games lacking them having to focus on the game lagging whilst in game play.
The makers are absolute positive about the upshot of the Live Dealer gambling. They seem to be very positive about it then and expect a good sized growth in the zone in the next several years. Kjaer added that Ho-gaming is looking to grow its horizon and check out its hands at issues. He announced that the company is going also release mobile football betting solution software over smart phones. Not much will known about the solutions at this stage, specialists predict that the insurance company will come up when it comes to something good. Ho-gaming has been specifically in news for it’s plan to open this European studio, which is predicted to be its maximum till date.